|
At 31 August 2010, the Redefine portfolio comprised a
total of 397 (2009: 403) properties valued at R19,3 billion
(2009: R18,2 billion), with a GLA of 3 648 414m2 (2009:
3 610 050m2).
| |
|
|
Number
of
leases |
GLA |
| |
|
|
Office |
Retail |
Industrial |
Total |
|
| |
Number |
% |
m2 |
m2 |
m2 |
m2 |
% |
| Single tenanted
properties |
116 |
29 |
116 |
253
823 |
159
345 |
573
618 |
986
786 |
27 |
| Multi tenanted properties |
281 |
71 |
4 658 |
1 111 901 |
1 039 103 |
510 624 |
2 661 628 |
73 |
| Total |
397 |
100 |
4 774 |
1 365 724 |
1 198 448 |
1 084 242 |
3 648 414 |
100 |
Sectoral spread
To ensure risk is well spread, Redefine’s portfolio is
appropriately divided between retail, office and industrial
properties.
| Sectoral spread by GLA |
 |
| |
Number
of |
GLA |
|
| |
properties |
m2 |
% |
| Office |
156 |
1
365 724 |
37 |
| Retail |
153 |
1 198 448 |
33 |
| Industrial |
88 |
1
084 242 |
30 |
| |
397 |
3
648 414 |
100 |
|
| Sectoral spread by gross monthly
rental |
 |
| |
Gross |
|
Average |
| |
monthly |
|
rental |
| |
rental |
|
rate |
| |
R000 |
% |
R/m2 |
| Office |
95
888 |
47 |
81,06 |
| Retail |
75 829 |
38 |
68,31 |
| Industrial |
30
079 |
15 |
30,85 |
| Total |
201
796 |
100 |
61,75 |
|
|
Geographical spread
Redefine is invested in quality properties throughout
South Africa in its directly held property portfolio.
The portfolio comprises properties located in concentrated
nodes in all nine provinces.
Geographical spread by GLA
|
 |
| |
GLA |
rate |
| |
m2 |
% |
| Gauteng |
2
042 051 |
57 |
| Western Cape |
580 287 |
16 |
| KwaZulu-Natal |
509
986 |
14 |
| Mpumalanga |
141 503 |
3 |
| North
West |
117
832 |
3 |
| Eastern Cape |
105 005 |
3 |
| Limpopo |
94
721 |
3 |
| Free State |
42 081 |
1 |
| Northern
Cape |
14
948 |
0 |
| Total |
3
648 414 |
100 |
|
| Geographical spread by gross monthly
rental |
 |
| |
Gross
monthly rental
R000 |
rate
% |
| Gauteng |
115
538 |
57 |
| Western Cape |
33 726 |
17 |
| KwaZulu-Natal |
24
887 |
12 |
| Mpumalanga |
7 788 |
4 |
| Eastern
Cape |
6
265 |
3 |
| Limpopo |
4 921 |
3 |
| North
West |
4
827 |
2 |
| Free State |
3 037 |
2 |
| Northern
Cape |
807 |
0 |
| Total |
201
796 |
100 |
|
|
